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It can keep a better eye on its employees, and the Chinese people have started to buy B&W speakers because of the quality. That is very good news for the company, since it now has another outlet for sales and another market in which to sell its goods. The company also has a specialized production process, so it is hard to replicate the speakers that it makes (Naim, 2011). Because of the complexity of the process, counterfeiters generally avoid trying to copy the company. The counterfeiters who try do not usually get good results, and that discourages them from continuing. That is another bonus for the company, because there is not as much of a need to worry about whether the speakers it makes will be copied and sold for much less than the originals would bring.
The problem that is occurring in China with counterfeit goods, and how some companies are stopping it, could be applied to the U.S.A., as well. Even though China is the biggest culprit for counterfeiting, it is by far not the only country...
Even in the U.S.A., there are companies that steal plans and counterfeit products. Some companies also do what is called "reverse engineering," where they get hold of another company's product, take it apart, and figure out how they can make it more cheaply. In the U.S.A., however, there are stricter laws regarding copyright infringement and patents. Because of those laws, companies that see their goods being counterfeited are able to fight back against the counterfeiters and get justice. In other countries, the protections are much more limited. If companies that are based in the U.S.A. would keep their jobs in that country, they would be more likely to avoid counterfeiters and they could keep a better eye on the employees they have and what those employees are doing.
Bibliography
Naim, G. (2011). Patents are a virtue: China is a land of opportunity for business, but it is also a land of counterfeiting and intellectual property theft. Wall Street Journal. Online.
Bibliography
Naim, G. (2011). Patents are a virtue: China is a land of opportunity for business, but it is also a land of counterfeiting and intellectual property theft. Wall Street Journal. Online.
Counterfeiting Law in France: Similar to other developed countries, France has a unique system of safeguarding intellectual and industry property rights. This system is not only applicable to creative or artistic rights but is also used to govern patents, trademarks, designs, and drawings ("France Intellectual Property Law," n.d.). Generally, the country's intellectual property law covers three major areas i.e. intellectual rights within the country, intellectual property rights outside the country, and
This law was designed to punish the supplier, not attack the unsuspecting victim of the crime. However, the size of this seizure of merchandise is evidence that these measures simply do not work. Despite existing laws, consumer demand for these products remains high. The ultimate solution to the counterfeit and fakes problem is to convince people to stop buying them. This seems to be a reasonable approach, but the volumes
Mr. Leiber will be eligible to claim $1,000.00 for each of those pieces as the difference between the contract price and the actual current price is approximately a difference of $1,000.00. If however, that price changes during the course of arbitration the difference in price should be changed in order to reflect that difference. Further according to article 50, should Satel have to ultimately pay for the 30 non-counterfeit
COUNTERFEIT COSMETICS & HOMELAND SECURITY ISSUES Problem Identification Counterfeit cosmetics are prevalent specifically over the Internet on such websites as Ebay. These cosmetics are dangerous and cause severe problems even death among those who purchase and use these products. The U.S. Department of Homeland Security (DHS) is reported to be conducting an investigation of the major counterfeit cosmetic manufacturing rings that are producing and selling products reported to contain "high concentrations of
Counterfeiting on Luxury Goods Consuming counterfeit products social effects. Consumers want to project a desired social image Consumers want to project an external image of themselves that gives them a certain social status, even though internally they know they did not pay top dollar for their "luxury good." For example, someone who buys a counterfeit Louis Vuitton bag does so for the purpose of being able to present herself in fashionable light
For instance, one of those interviewed had a counterfeit Louis Vuitton bag whose value she claimed was £40 (Howie). A real Louis Vuitton bag goes for no less than £1,900. Thus as Howie correctly points out, this particular customer was able to get something that resembled the real thing for a price "almost 50 times less than the price for a similar bag by the designer." It is also